The rating agency Fitch Ratings ratified Grupo SURA's long- and short-term ratings "AAA" and "F1+", respectively for the local market, thereby obtaining the highest possible ratings and with a stable outlook. These ratings also apply to its 2009 ordinary bond issues in the amount of COP 250,000 million and its Ordinary Bond Issuance and Placement Program for up to COP 2.3 trillion, thereby reaffirming the Organization's sound financial position as a debt issuer.

Likewise, Fitch confirmed Grupo SURA's "BB+" long-term rating at as an international issuer, for which it provided a stable outlook.

Among the factors on which Fitch based these ratings were the credit quality of Grupo SURA's revenues, the recovery seen with its inflow of dividends, and its diversification and stability; this combined with the rating agency´s perception of the Company's healthy liquidity levels .

Furthermore, the ratings agency took into account other key factors such as the trend with its financial leveraging and proven access to international debt markets, which provides the Organization with adequate financial flexibility.

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Grupo de Inversiones Suramericana SA published this content on 03 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 February 2022 13:27:08 UTC.